{"id":115458,"date":"2023-12-13T12:05:06","date_gmt":"2023-12-13T06:35:06","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115458"},"modified":"2023-12-13T12:05:12","modified_gmt":"2023-12-13T06:35:12","slug":"multibagger-defence-stock-trades-flat-after-it-bags-multiple-orders-from-the-ministry-of-defence","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-defence-stock-trades-flat-after-it-bags-multiple-orders-from-the-ministry-of-defence\/","title":{"rendered":"Multibagger defence stock trades flat after it bags multiple orders from the Ministry of Defence\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-924805204\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Multibagger defence stock that has tripled investor&#8217;s money by delivering 328 percent returns in a year, bags multiple orders from the Ministry of Defence and private players.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-967999247\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 11:24 a.m the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/APOLLO\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Apollo Micro Systems<\/a><\/strong> were trading at Rs. 117.35, down 1.43 percent from its previous day\u2019s close price of Rs. 119.05 and its market capitalization is Rs. 3,098 Crores. It has delivered multi-bagger returns of 328 percent in a year.\u00a0<\/p><p>Apollo Micro Systems Limited has secured multiple worth Rs. 20.76 Crores from the Ministry of Defence. These orders comprise confirmed orders received and the Lowest Bid tenders for which the company has been declared the Lowest Bidder. In addition to this, it has also successfully secured orders valued at Rs. 15.82 crores from a private company.&nbsp;<\/p><p>Apollo Microsystems is engaged in the design, development, and assembly of custom-built electronics and electro-mechanical solutions and many more for aerospace, defence, space, transportation, and homeland security markets.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1909608254\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Its manufacturing facility is located in Hyderabad and has a built-up area of 55,000 sq. ft. with a team of 300+ employees, including 150+ employees in R&amp;D. It actively invests an average of 7-8 percent of generated revenue in R&amp;D for developing and testing critical components under the DRDO program.&nbsp;<\/p><p>Apollo Micro Systems is establishing a 2,50,000 sq ft state-of-the-art defense electronics and electromechanical manufacturing facility in Hyderabad with an investment of Rs. 150 Crores.&nbsp;<\/p><p>The company\u2019s revenue from operations grew 22.34 percent from Rs. 243.19 Crores in FY22 to Rs. 297.53 Crores in FY23, accompanied by increasing profits of Rs. 14.62 Crores to Rs. 18.75 Crores.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3136518317\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Multibagger defence stock that has tripled investor&#8217;s money by delivering 328 percent returns in a year, bags multiple orders from the Ministry of Defence and private players.&nbsp; At 11:24 a.m the shares of Apollo Micro Systems were trading at Rs. 117.35, down 1.43 percent from its previous day\u2019s close price of Rs. 119.05 and its [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[9321,948,936],"class_list":["post-115458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-apollo-micro-systems-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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